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According to Forbes's real-time billionaire list, Jensen Huang, the CEO of Nvidia Corp.., is now the eleventh richest person in the world. On Tuesday, June 18, Huang increased his net worth by more than $4 billion in a single day. It occurred after Nvidia rode a wave of artificial intelligence to become the most valuable public corporation in the world.
Petrol and diesel prices in India have recently fluctuated significantly. Karnataka has increased gasoline sales tax, resulting in a ₹3 per litre increase in petrol
Gold and silver prices in India have been volatile in recent years, affected by a variety of global economic trends, domestic demand, and cultural habits.
The voices cautioning against the possible risks of artificial intelligence are becoming more and more prominent as AI becomes more advanced and pervasive. "We need to worry now about how we prevent that from happening," stated Geoffrey Hinton, who is regarded as the "Godfather of AI" for his groundbreaking work on machine learning and neural network algorithms.
The Reserve Bank of India (RBI) has approved a record-breaking dividend of Rs 2.11 lakh crore to the central government for the fiscal year 2023-24. This payout, which is more than double the anticipated amount, comes as a significant boost to government revenue just before the new administration takes office. The RBI's decision to transfer this surplus was made during its 608th meeting, as per...
the liberalization of India's economy in 1991 marked the beginning of a significant shift. By the early 2000s, the top 1% controlled more than 15% of the national income. By the time Modi took office in 2014, this figure had crossed 20%, and by 2022-2023, it had soared to an unprecedented 22.6%. While India's GDP continues to grow at over 7% annually, this rapid economic expansion seems to exac...
In a move aimed at providing timely financial assistance to the families of deceased EPF members, the Employees' Provident Fund Organisation (EPFO) has introduced a simplified process for claiming EPF benefits. This new rule, detailed in a circular released on May 17, 2024, addresses the difficulties faced by field offices in updating or rectifying Aadhaar details posthumously.
In response to the Delhi High Court's ruling on May 17, SpiceJet will want a refund of Rs 450 crore from the Rs 730 crore it had previously paid to erstwhile promoter Kalanithi Maran and his company, KAL Airways.
In a groundbreaking move, Uber has become the first ride-hailing platform to secure an aggregator license from the Delhi Transport Department to operate buses under the Delhi Premium Bus Scheme. This historic development marks a significant milestone in Uber's expansion into the public transportation sector, as Delhi becomes the first state to award such a license.
All candidates and all political parties have to submit a clear statement of their poll expenditure within 90 days of the completion of the polling to the Election Commission of India (ECI).
India has marked a historic achievement in its export sector, reaching a record high of USD 778 billion in the fiscal year 2023-24, as reportedly. This figure represents a significant increase from the combined goods and services exports of USD 776.3 billion recorded in the previous fiscal year of 2022-23.
Petrol prices have been remain unchanged in several Metro cities in India.
According to the latest Crisil report, April witnessed notable shifts in the cost of home-cooked meals, particularly in the prices of vegetarian and non-vegetarian thalis. The report, part of Crisil's monthly "Roti Rice Rate" analysis, revealed contrasting trends between the two meal types.
The Reserve Bank of India's (RBI) recent directive to Kotak Mahindra Bank has raised concerns about the lender's future credit growth and profitability, according to S&P Global Ratings. The central bank has barred the bank from onboarding new customers through online and mobile banking channels and issuing new credit cards, citing "serious deficiencies and non-compliances" and "continued fa...
Tesla is battling declining sales and a growing pricing war for electric vehicles (EVs), especially against cheaper Chinese EVs. As a result, the company has slashed prices across the board by almost $2,000 in China, after price reductions in the US. The official website of Elon Musk's electric vehicle manufacturer revealed on Sunday that the beginning price of the updated Model 3 in China has ...